More jobs to go at Compaq

In its second wave of staffing cuts this year, Compaq Computer Corporation said yesterday it was trimming 4,000 more jobs - bringing the total number of workers it plans to cut this year to 8,500.

The announcement, made after trading closed on the New York Stock Exchange, came as the Houston-based company assured investors its second-quarter earnings will meet the Thomson Financial/First Call analysts’ consensus of 4 cents per share.